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Nov 27, 2012
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apparently he called and he talked to john boehner on the phone. they had a deal almost. once before. i think the outlines of it will be revived and they have to figure out how to structure it. some down payment by the end of the year. some instructions to the tax write-in committee about how much money you will get out of revenue, entitlement and spending. then they can go forward. it really do think that the basic structure of this has not been blown up. >> bret: steve? >> yeah. i mean, i don't have a problem with the president making his case in philadelphia. that is fine. he is the president and he is entitled to do that. i have a problem on the emphasis on taxes and re-knews. that is all we have had a discussion of at this point. the way to solve our long-term debt issues as everybody in this entire town knows is by reforming entitlements. there has been so little discussion of reforming entitlement to this point, very little of it in public. back when they had negotiations the first time, the president wouldn't put anything out on paper. now you're having calls from
apparently he called and he talked to john boehner on the phone. they had a deal almost. once before. i think the outlines of it will be revived and they have to figure out how to structure it. some down payment by the end of the year. some instructions to the tax write-in committee about how much money you will get out of revenue, entitlement and spending. then they can go forward. it really do think that the basic structure of this has not been blown up. >> bret: steve? >> yeah. i...
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Nov 26, 2012
11/12
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eric cantor was right to the extent that what john boehner was articulating was a new position. that is to say, we're putting revenue on the table, actual tax increases in the short term. whether or not you're talking about rates or loopholes, if you get money from the same people, there's no particular economic or fairness difference -- >> but, john, with the greatest respect, wasn't that what mitt romney suggested for a year on the campaign trail? >> reporter: no, because mitt romney was not -- he was talking about closing loopholes but not about raising revenue. he was proposing a revenue neutral tax reform that would actually lower the rates. what boehner is talking about is actually closing some loopholes in a way that raises money beyond what the government's going to get, and, again, i emphasize not just from what the they call dynamic scoring but actual near-term tax increases, and i think that is a concussion to the degree they follow through on it and can get the votes in the house. >> john harwood there being very positive. let's hope so, john. thanks so much. >> you
eric cantor was right to the extent that what john boehner was articulating was a new position. that is to say, we're putting revenue on the table, actual tax increases in the short term. whether or not you're talking about rates or loopholes, if you get money from the same people, there's no particular economic or fairness difference -- >> but, john, with the greatest respect, wasn't that what mitt romney suggested for a year on the campaign trail? >> reporter: no, because mitt...
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Nov 27, 2012
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john harwood begins in ohio visiting the home state of house speaker john boehner asking constituents if their representative is representing them or not. the currents to rise above all day and i guess they mean their representative in congress and the representative in the white house asking both all day on "squawk box." tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform tdd# 1-800-345-2550 and i saw a double bottom form. tdd# 1-800-345-2550 i called one of their trading specialists tdd# 1-800-345-2550 and i bounced a few ideas off of him. tdd# 1-800-345-2550 they're always there for me. tdd# 1-800-345-2
john harwood begins in ohio visiting the home state of house speaker john boehner asking constituents if their representative is representing them or not. the currents to rise above all day and i guess they mean their representative in congress and the representative in the white house asking both all day on "squawk box." tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd#...
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Nov 27, 2012
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we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >>> want to show you a live shot of tahrir square in cairo that is packed with protestors, of course. he's trying to take on near absolute power, allowing him to legislate by decree. basically very little court oversight. he tried to walk some back, b
we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result,...
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Nov 27, 2012
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. >> i can tell you from having visited john boehner's district north of cincinnati last week the fis cliff maybe an abstract discussion here in washington but out there in southwestern ohio, if we tip back into recession, the economic pain would be very real. middle town and the rest of southwestern ohio has been working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now another economic setback from the fiscal cliff. house speaker boehner and his colleagues in the congressional leadership have founded conciliatory notes about their prospects that sounds like good news here at the local chamber of commerce here in middle town but only up to a point. >> i want to be confident. i want to be optimistic but no i think i would rather be veered at this point. >> reporter: one of the speakers constituents, steve hightower, has a petroleum distribution business, like the economy is doing well. he has known boehner for years and believes the speaker wants to make a deal with president obama to avoid the
. >> i can tell you from having visited john boehner's district north of cincinnati last week the fis cliff maybe an abstract discussion here in washington but out there in southwestern ohio, if we tip back into recession, the economic pain would be very real. middle town and the rest of southwestern ohio has been working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now another economic setback...
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Nov 26, 2012
11/12
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boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad mini sales. wasn't that a product the doom and gloomers had rin owritten o still born a few weeks ago like the iphone 4, by the way? i believe the chinese momentum is lasting. europe, total black box. one being minimized in its importance for american companies. the fis acal cliff, i saw a ste backward in positions. those who think rising above is a political judgment, when it is a judgment about the need to rid washington of politics. that even a fool knows it's ruining this great country. bottom line, g
boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad...
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Nov 26, 2012
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john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something of a hero to house republicans. >> he is. i think it's important to note that grover norquist has not always been completely against all revenues. they're moving in terms of putting revenue on the table that's not marginal increases. i think grover gets a little bit of a bad rap on being an opponent to anything that involves anything in any way. i don't think they're distancing that much on that topic. but it is a move for republicans who have admitted we need to raise more revenue. the question is how. can we do it by eliminating mortgage deductions, by charitable deductions, by capping the number of deducti
john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something of a...
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Nov 27, 2012
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the president's been in negotiations with house speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal. and the white house says it has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious co
the president's been in negotiations with house speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal. and the white house says it has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan...
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boehner and european stocks are also narrowed their losses thanks to banners comments the footsie and the dax closed watch positive here in russia the in the seas lost more than one percent with the r.t.s. dropping below the fourteen hundred point loss. and russian diamonds will soon shine in tiffany's the u.s. jewelry giant signed a long term contract with russia's diamond producer. r.t. gan she counted brings the details from. one of the world's most coveted jewelry brands tiffany will start getting its precious rocks from russia the washington diamond producer also which happens to be the world's biggest producer of dive interest sealed a long term deal with the u.s. dollar giant companies known to have very high standards for diamonds they're buying them from a number of countries including canada australia and south africa. they're expected to buy at least sixty million dollars a year worth of diamonds from the russian research it's reportedly a three year contract a bit more about what should a little side if minds a quarter of walls diamonds ninety percent of the companies owne
boehner and european stocks are also narrowed their losses thanks to banners comments the footsie and the dax closed watch positive here in russia the in the seas lost more than one percent with the r.t.s. dropping below the fourteen hundred point loss. and russian diamonds will soon shine in tiffany's the u.s. jewelry giant signed a long term contract with russia's diamond producer. r.t. gan she counted brings the details from. one of the world's most coveted jewelry brands tiffany will start...
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Nov 27, 2012
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meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we'r
meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how...
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. >> reporter: there are even cracks among house speaker john boehner's tax-resistant republicans. >> i don't want to prejudge any of this. the bottom line, we can't have a sequestration, we have to show the world we're adults. the election is over. >> reporter: and president obama won. vowing to raise taxes on the wealthy. another republican saxby chambliss of georgia, in a recent interview, says he's no longer bound by a pledge not to raise taxes. >> the pledge i signed 20 years ago was valid then. it's valid now but times have changed significantly, and i care more about this country than i do about a 20-year-old pledge. >> reporter: but raising taxes is only one-half of a deficit deal. republicans want democrats to raise the eligibility age for medicare. >> i want entitlement reforms. republicans put revenue on the table, democrats always promise to cut spending. i'm looking for more revenue for entitlement reform before the end of the year. >> reporter: so far democrats sound lex flexible. >> we've got to make sure there is seamless coverage of afordable health coverage for every
. >> reporter: there are even cracks among house speaker john boehner's tax-resistant republicans. >> i don't want to prejudge any of this. the bottom line, we can't have a sequestration, we have to show the world we're adults. the election is over. >> reporter: and president obama won. vowing to raise taxes on the wealthy. another republican saxby chambliss of georgia, in a recent interview, says he's no longer bound by a pledge not to raise taxes. >> the pledge i...
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Nov 23, 2012
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boehner talking about putting obamacare in the fiscal cliff discussion and they did not come downie their way on that but they are stepping out talking about the urgent need to fix the fiscal cliff. >> these companies have two strikes against the. the fiscal cliff and obamacare and reliant on prescriptions for elderly. liz: it is not generic but cheap drugs, being fixed. again and again i am watching the slow parade of ceos and companies, you see the usual suspects. is striking to see walgreen's and cvs because these guys don't discuss public policy and i don't think it is to butter up the guys in washington. i don't think any a seat at the table. dave: when you said she drug all of our crew looked up. what is going on? i don't know. i just throw that in. see you later. coming up next a look at the important news on the radar for next week that will be moving markets. tracy: black friday shoppers need to be extra careful in the parking lots and it is not because i am there. [ male announcer ] how do you tde? with scottrader streaming quotes, any way you want. fully customize it for
boehner talking about putting obamacare in the fiscal cliff discussion and they did not come downie their way on that but they are stepping out talking about the urgent need to fix the fiscal cliff. >> these companies have two strikes against the. the fiscal cliff and obamacare and reliant on prescriptions for elderly. liz: it is not generic but cheap drugs, being fixed. again and again i am watching the slow parade of ceos and companies, you see the usual suspects. is striking to see...
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boehner and european stocks also narrowed their losses thanks to banners comments the footsie and the dow so close to flock to positive here and russia the indices lost more than one percent each with the r.t.s. dropping polo the fourteen hundred level. and russian diamonds will soon shine in tiffany's artie's going to church account brings more from. one of the world's most coveted jewelry brands tiffany will start getting its precious rocks for more ship the russian diamond producing a little slow which happens to be the world's biggest producer of dime interest sealed a long term deal with the u.s. dollar giant companies known to have very high standards for diamonds they're buying them from a number of countries including canada australia and south africa they're expected to buy at least sixty million dollars a year worth of diamonds from the russian producer it's reportedly a three year contract a bit more about a little side if mine's a quarter of wald's diamonds ninety percent of the companies owned by the government its sales this year reached four and a half billion dollars s
boehner and european stocks also narrowed their losses thanks to banners comments the footsie and the dow so close to flock to positive here and russia the indices lost more than one percent each with the r.t.s. dropping polo the fourteen hundred level. and russian diamonds will soon shine in tiffany's artie's going to church account brings more from. one of the world's most coveted jewelry brands tiffany will start getting its precious rocks for more ship the russian diamond producing a little...
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. >> i'd like to associate myself with the concerns -- >> in a letter to house speaker john boehner the former congressman jesse jackson junior prioritizes his health as the reason he is stepping down. he does acknowledge the investigation that dogged him. writing i have made my share of mistakes and aware of the ongoing federal investigation in my activities and doing my best to address the situation responsibly. cooperate with investigators and accept responsibility for my mistakes. they are my mistakes and mine alone. they talk about skimming campaign found remodel his house and buy expensive jewelry for a mist res. he was investigated by the investigating committee after being caught up in the blagojevich scandal. he met with businessmen who raise money for blagojevich if jackson were appointed to the senate seat vacated by president obama in 2008. >> they feel like they can do this [bleep] to do anything under the vague assurances, or something, then i'll [bleep] jesse junior. >> this is a long fall for a congressman initially thought to be a rising star on capitol hill. with terri
. >> i'd like to associate myself with the concerns -- >> in a letter to house speaker john boehner the former congressman jesse jackson junior prioritizes his health as the reason he is stepping down. he does acknowledge the investigation that dogged him. writing i have made my share of mistakes and aware of the ongoing federal investigation in my activities and doing my best to address the situation responsibly. cooperate with investigators and accept responsibility for my...
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Nov 29, 2012
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they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt ceiling negotiations. >> we've seen some positive developments in the last several weeks, in terms of what republicans have been saying about the need for revenue as part of a balanced package. the president will continue to make the case that that is essential. >> reporter: so both sides saying revenue is on the table, now the fight is obviously to figure out where it's going to come from, how the government is going to make more money. democrats want it to come from increased tax rates on the rich, republicans would prefer to make that extra money by reforming the tax code and entitlements. bill:
they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt...
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Nov 29, 2012
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and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal for higher taxes for those who make more than a quarter million dollars a year. sdl bo >> both sides have acknowledged that there will be revenue concessions and sbilgtment cent concessio concessions. i'm not a master of the political art here, but i would say if you have these point of views in a business context as close as they are, i would say a deal would be in reach. >> ford chairman bill ford junior agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the a
and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal...
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Nov 27, 2012
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. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the right policy and the right answer and solution to get the economy going again? see that social security and medicare is saved for the next generation. >> eric: one quick point, can we as five or the con seventives, bob you should be interested in this, too. forget social security. we pay to the social security system. it's self-fulfilling. >> bob: they pay in medicare, too. >> eric: but we way with payroll and fica to social security. government raids social security. only reason that social security is on table they took $2 trillion we paid into it. >> bob: dana's question do you want tr
. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the...
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about to pay a call on house speaker john boehner. speaker boehner a key republican and after his meeting with geithner this morning, boehner said these urgent talks haven't moved forward in two weeks. keep in mind, they need to get it done by january 1st and here's boehner getting grumpy with cnn's kate baldwin. take a look. >> to this point, most -- most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you walking away from talks? have things completely broken down, mr. speaker? >> no, no, no. stop. i got to tell you. i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> all right. so once again, here are the cliff notes right here. republicans on the hill are demanding trillions of dollars worth of debt reduction. that's pretty much fine with democrats w
about to pay a call on house speaker john boehner. speaker boehner a key republican and after his meeting with geithner this morning, boehner said these urgent talks haven't moved forward in two weeks. keep in mind, they need to get it done by january 1st and here's boehner getting grumpy with cnn's kate baldwin. take a look. >> to this point, most -- most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you...
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Nov 26, 2012
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the wall street journal reporting the president obama and house speaker john boehner were talking over the weekend. connell: rich edson is on the story in d.c. rich: congressional and white house staff are still meeting. they last got together two weeks ago. congressional aide say they are still waiting for another invitation from the white house for the second meeting. two sources close to negotiations confirmed that tim geithner is the point man. he has been arguing there is too little revenue from simply closing tax reductions. republicans refused that approach. >> if you can simplify this tax code and make it more flat, eliminate all kinds of loopholes and gimmicks and actually increase revenue without raising the top marginal rate which most economists say would hurt this economy if we were to do it. rich: there is some discussion in washington about increasing it for a higher rate than what the president wants. the president wants it for $250,000 a year. a threshold will not make that much of a difference. raising the threshold to a half-million would mean 7 billion was to the tr
the wall street journal reporting the president obama and house speaker john boehner were talking over the weekend. connell: rich edson is on the story in d.c. rich: congressional and white house staff are still meeting. they last got together two weeks ago. congressional aide say they are still waiting for another invitation from the white house for the second meeting. two sources close to negotiations confirmed that tim geithner is the point man. he has been arguing there is too little...
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john boehner will likely make the final decisions on what the team decides in terms of the deal. >> thank you so much. >> it is time now to take a look at who is talking and thousands taking the streets in cairo after mohammed morsi taking total control of the country and won't answer to the branch of government. they are afraid the latest power grab will lead egypt away from democracy and back into a dictatorship and possibly all of the way to shirea law. >> nonislamist egyptian activist mohammed el baradei is calling on the united states to condemn morsi. i am hoping to see a strong statement of condemnation by the u.s., by europe and everybody who really cares about human dignity. democrat and chairman of the senate committee of armed services carl levin says america needs to play the middle. >> i think we have to be cautious. we doesn't want to see a democratically elected auto krat take the place of an unelected dictator which is the case before that. on the other hand there are real pluses here. >> they will push the white house to take a side. they need to condemn morsi and condemn
john boehner will likely make the final decisions on what the team decides in terms of the deal. >> thank you so much. >> it is time now to take a look at who is talking and thousands taking the streets in cairo after mohammed morsi taking total control of the country and won't answer to the branch of government. they are afraid the latest power grab will lead egypt away from democracy and back into a dictatorship and possibly all of the way to shirea law. >> nonislamist...
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boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be part of the equation. we haven't seen a proposal that achieves that, a realistic proposal, that achieves that. the reality is, closing loopholes and ending deductions as an alternative to raising rates on the top earners, top 2%, those making over $250,000, sounds good, but you have to look at the actual contents of those proposals. >>> and a new poll shows the majority of americans do want compromise in order to avoid the fiscal cliff. 67% say a deal should be a combination of spending cuts and tax increases. and if no deal i
boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be...
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i have faith in john boehner putting together a good package. he is very conciliatory in his language. >> i do am opposed to raising tax rates but i do believe we can close loopholes. >> they have to go up real tax rates or effective tax rates. there are ways to do that. secondly we have to close significant loopholes. martha: all right. what are we hearing here? are he starting to hear a little bit of common ground? a high level meeting as you just heard on the fiscal cliff is expected this week at the white house with the president getting involved. nobody knows exactly when that will take place and who all of the players will be. we'll talk to senator sessions. bill: listen carefully on the language as we work through this. nearly all americans will see their taxes go higher if congress does not reach a deal by the 1st of january. 158 million americans would be affected. every household in the country would pay 3500 more in taxes in 2013. 88% of households would see their taxes rise. martha: even the white house is warning that the uncertaint
i have faith in john boehner putting together a good package. he is very conciliatory in his language. >> i do am opposed to raising tax rates but i do believe we can close loopholes. >> they have to go up real tax rates or effective tax rates. there are ways to do that. secondly we have to close significant loopholes. martha: all right. what are we hearing here? are he starting to hear a little bit of common ground? a high level meeting as you just heard on the fiscal cliff is...
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Nov 29, 2012
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the chairman is close to john boehner and i think they are consulted with each other. the talks already high level between the staff of john boehner and the obama administration. host: could this issue to be treated separately? guest: no. i think it will be decided in some kind of package at the end of the year. it could be a small package but they need to make a decision. host: kenneth, good morning. caller: i don't think the american people will get anything unless we let things go over the fiscal cliff. republicans will never agree to anything. i think obama needs to stick to his guns. guest: that is one of view of some liberals and some republicans say let's go over the cliff. then you get to cut tax rates. that is easier politically to do. nobody says it is their first choice. some say the democrats could have more leverage if we go over the cliff. some think tanks have said and most people understand it is a slope. it will be gradual. many people are looking to the stock-market to see what their reaction is if there is not a deal. that could have its own impact o
the chairman is close to john boehner and i think they are consulted with each other. the talks already high level between the staff of john boehner and the obama administration. host: could this issue to be treated separately? guest: no. i think it will be decided in some kind of package at the end of the year. it could be a small package but they need to make a decision. host: kenneth, good morning. caller: i don't think the american people will get anything unless we let things go over the...
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boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cannot make that assumption. >> are the p
boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we...
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i thought obama-care according to john boehner was the law of the land. now he wants to put it on the chopping block? >> there are lots of laws on the land that have to be considered. we have to move beyond the typical washington show game and take a few bills. if we want to cut the budget deficit we have to look at everything that's been passed and make decisions against each of those. if obama-care is the most important policy considered its survives. if there are other things being considered it doesn't survive. that's the only way to approach cliff that's running out very quickly. rick: if there is a deal spending cuts have to be put on the table and obama-care cost a lot of money. >> that's not true. it cuts the deficit in a 10-year period and even more so over 20 years. john boehner said in his own op-ed that he tried two different ways to get rid of obama-care, going to the supreme court and in the election. they tried 33 times to repeal obama-care in the congress and failed all 33 times. the bottom line is now we have obama-care. it is the law of
i thought obama-care according to john boehner was the law of the land. now he wants to put it on the chopping block? >> there are lots of laws on the land that have to be considered. we have to move beyond the typical washington show game and take a few bills. if we want to cut the budget deficit we have to look at everything that's been passed and make decisions against each of those. if obama-care is the most important policy considered its survives. if there are other things being...
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Nov 21, 2012
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john boehner and nancy pelosi need to get together, get the votes, and pass the senate bill. host: i want to take you to the republican line. pat in richmond hill, georgia. caller: good morning. yes, overall, in the long term, i have a lot of confidence in the u.s. economy. short-term, as a small-business owner, i talked to my customers quite a bit. it comes down to dividing lines. it is the difference between the private sector, as a small- business owner, everything is a penny, and sometimes the public sector waste other people's money. that's the big division in the country right now. the recent vote proves that it is. how much preparing? if we go over the cliff and taxes increase, i am out the door -- i will lock the host: doors what is your business? caller: a pizza business. it probably is one that should be inflation-proof, because people have to eat and it is comfort food. it is just the competition, the taxes, insurance is so high that it's become very difficult for small business owner even in this business to really make a profit. host: you might have to lock your
john boehner and nancy pelosi need to get together, get the votes, and pass the senate bill. host: i want to take you to the republican line. pat in richmond hill, georgia. caller: good morning. yes, overall, in the long term, i have a lot of confidence in the u.s. economy. short-term, as a small-business owner, i talked to my customers quite a bit. it comes down to dividing lines. it is the difference between the private sector, as a small- business owner, everything is a penny, and sometimes...
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Nov 23, 2012
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. >>> house speaker john boehner says the country can't afford obama care. joining me for today's strategy session our cnn contributor and democratic strategist donna brazile and senior kriblt tor and editor and chief of redstate.com, erick erickson. thanks for coming in especially on the day after thanksgiving. erick, i want to begin with you. house speaker john boehner wrote this "we can't afford to leave the president's health care law in tact. that's why i've been clear the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge." where after this election does the house speaker if you will get the political capital to take this tact? >> well, at first, i have to point out, it's not just the day after thanksgiving, this is during the lsu game that donna and i are here. >> go tigers. >> arkansas. yes, the big game. now as to john boehner, the issue here is many of the states are opting out of state exchanges. there was a quirk when they passed the law nancy pelosi said you have to pass the law to find out wha
. >>> house speaker john boehner says the country can't afford obama care. joining me for today's strategy session our cnn contributor and democratic strategist donna brazile and senior kriblt tor and editor and chief of redstate.com, erick erickson. thanks for coming in especially on the day after thanksgiving. erick, i want to begin with you. house speaker john boehner wrote this "we can't afford to leave the president's health care law in tact. that's why i've been clear the...
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Nov 28, 2012
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when asked if secretary geithner had shown up at the office of house speaker john boehner today to begin negotiating, jay carney said he could not account for secretary geithner's precise whereabouts. shep. >> shepard: james rosen live at the white house. thanks. worries about the so-called fiscal cliff are not doing much good for our 401(k)s. stocks were down today. the dow lost almost 90. nasdaq fell 9. s & p 500 down 7. analysts say investors are concerned about whether these lawmakers will get together and reach a deal. those worries overshadowed a couple of positive developments. gerri willis is here. we got a report showing that americans are, i don't know, feeling better and so much of this is about how we feel about the economy. >> oh, yeah. that's right. investors may not like it, but consumers love it. their confidence, the highest level in many, many months. still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of the
when asked if secretary geithner had shown up at the office of house speaker john boehner today to begin negotiating, jay carney said he could not account for secretary geithner's precise whereabouts. shep. >> shepard: james rosen live at the white house. thanks. worries about the so-called fiscal cliff are not doing much good for our 401(k)s. stocks were down today. the dow lost almost 90. nasdaq fell 9. s & p 500 down 7. analysts say investors are concerned about whether these...
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Nov 26, 2012
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finally, there was one phone call over the weekend between president obama and house speaker john boehner. now i just heard from a white house official that tom done house, the head of the u.s. chamber, john engler, the head of the business u.s. roundtable are in the white house today meeting with staff. there hasn't been a lot of negotiating progress. i still think there is a generally optimistic mood this will get done but we have a lot of hard bargains between now and the end of the year. >> one of the sort of controversial men in the middle here has been grover norquist, one of the few guys in washington who goes by his own name, grover. his first name, i should say. there are reports that some republicans who signed his no tax hike pledge are backing away from him. in the "wall street journal" saturday, he said, no, nobody's backed off. what's the truth here? >> well, he's wrong about that. they are backing away from him. but i have to say, tyler, this is an issue that's much bigger than grover norquist pcht republican party has staked out tax issue for a long time. it is not because
finally, there was one phone call over the weekend between president obama and house speaker john boehner. now i just heard from a white house official that tom done house, the head of the u.s. chamber, john engler, the head of the business u.s. roundtable are in the white house today meeting with staff. there hasn't been a lot of negotiating progress. i still think there is a generally optimistic mood this will get done but we have a lot of hard bargains between now and the end of the year....
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. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending cuts by the end of the year. >>> still to come, the miss crest shopping day of the year for online retailers. snapping up deals on big ike ket item. we'll get a look. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> today is cyber monday. analysts say it's not as big a day as it's been in past. so many people shopping online over the weekend. but com score still says sales might reach $1.5 billion. pierce, sunday it earlier, consumers appear to be on fire. >> kind of defies gravity a little bit. but with the consumer confidence data in the last three months, the consumer confidence numbers are up at five yea
. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending cuts by the end of the year. >>> still to come, the miss crest shopping day of the year for online retailers. snapping up deals on big ike ket item. we'll get a look. having you ship my gifts couldn't be...
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the voters threw him out of the white house. >> steve: but at this stage in the negotiations, john boehner made it clear. he will not raise the tax rates. he's looking at other way to raise revenue. we don't need to raise the rates close to 40 percent. >> they are saying that. they are disingenous. >> i respect in negotiation you take positions that you don't expect to end up with. lind an johnson said never watch them make sausage or legislation because give and take is unpleasant they talk about not raising rates and getting ritted of deductions. what ever takes more money from the hard working americans and gives it to the government and gives it to the consuming part of society. that doesn't cause prosperity. >> steve: last line of your column which is called republicans and taxes regarding bush 41. her bert walkerb bush would abide by his pledge today. just a guess. >> steve: i bet you are right. >> thank you guys. >> steve: check this out. a zebra chasing a horse in the streets of new york city. you don't see that every day. why are they going. and what do lottery winners doing with
the voters threw him out of the white house. >> steve: but at this stage in the negotiations, john boehner made it clear. he will not raise the tax rates. he's looking at other way to raise revenue. we don't need to raise the rates close to 40 percent. >> they are saying that. they are disingenous. >> i respect in negotiation you take positions that you don't expect to end up with. lind an johnson said never watch them make sausage or legislation because give and take is...
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house speaker john boehner and republicans want bigger cuts in government spending. thanksgiving gave lawmakers a quick break from the fiscal cliff conundrum. now it's time to hunker down and get back to business. >> reporter: after meeting with president obama before the thanksgiving holiday -- >> i want to welcome the congressional leadership here. >> reporter: -- congressional leaders expressed optimism to reaching a deal. >> we had a very constructive meeting with the president. to talk about america's fiscal problem. >> we have a corner stones of being able to work something out. >> reporter: staffers have been working behind the scenes to fine common ground. among the big sticking points how to bring in more tax revenue and reduce spending on programs like medicare. but it's not yet clear when lawmakers and the president will meet next. even if some progress is made this week a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline so i would be pleasantly su
house speaker john boehner and republicans want bigger cuts in government spending. thanksgiving gave lawmakers a quick break from the fiscal cliff conundrum. now it's time to hunker down and get back to business. >> reporter: after meeting with president obama before the thanksgiving holiday -- >> i want to welcome the congressional leadership here. >> reporter: -- congressional leaders expressed optimism to reaching a deal. >> we had a very constructive meeting with...
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Nov 27, 2012
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what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you believe more republicans will stick by this? >> what we're finding out right now zoraida is that there's a little bit of coming to jesus moment about how to fix the fiscal cliff. for republicans perhaps it is going to be higher taxes. for democrats there's going to have to be some changes to entitlement reform. but grover norquist has been really the person pushing this no tax pledge, has been on our airwaves. he's been talking a lot about it. let's hear what he had to say about republicans who might
what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the...
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Nov 26, 2012
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john boehner has a job once he negotiates with the president and other leaders of getting it through that chamber. i talk to a senior staff level member on the democratic side today in the senate who predicted that we're likely to see a two-stage negotiation and two-stage result. the first by the end of the year would be about a $1 trillion beginning of the $4 trillion overall package and the rest would be legislated next year. we'll see whether they can get that done, carl. >> hey, john, between chambliss, graham, and corker, and with regards to the norquist pledge, have we reached some critical mass here? are we at a tipping point or not? >> well, we are in the senate, but, of course, we have been. you had a lot of senators in 2011, the gang of six, which ultimately swelled to a much larger number who were willing to do it. the real difficulty in the house. of course, they've had their majority re-elected, although in a smaller, slightly shrunken forum. i think he perceives a different environment. i think some of those members wi. now they've got to get a deal that will pass. >> t
john boehner has a job once he negotiates with the president and other leaders of getting it through that chamber. i talk to a senior staff level member on the democratic side today in the senate who predicted that we're likely to see a two-stage negotiation and two-stage result. the first by the end of the year would be about a $1 trillion beginning of the $4 trillion overall package and the rest would be legislated next year. we'll see whether they can get that done, carl. >> hey, john,...
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is john boehner smiling or frowning today? we'll have a lot of volatility for the next two or three months because i do think it's going to be two or three months. i think this is going to go into january. i think close to a 50% chance we'll go over the fiscal cliff temporarily. the market won't react well to that so it's going to be very, very bumpy couple of months here. >> that said, seasonally, i was told not too long ago, the period between thanksgiving week and december 3rd, the past 20 years has been positive for stocks for 17 of those 20 years. is there going to be any kind of hope for a santa claus rally here, michael? >> i think there is. that's simply because pessimism has reached a level of extreme that historically has led to higher markets over the next three months 81% of the time. the average market gain when pessimism has gotten to this low a level has been about 7%. i think when you look at the basic, you know -- we have three rules to guide our tactical trading. don't fid the fed. obviously on our side. don'
is john boehner smiling or frowning today? we'll have a lot of volatility for the next two or three months because i do think it's going to be two or three months. i think this is going to go into january. i think close to a 50% chance we'll go over the fiscal cliff temporarily. the market won't react well to that so it's going to be very, very bumpy couple of months here. >> that said, seasonally, i was told not too long ago, the period between thanksgiving week and december 3rd, the...
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john boehner said as much to the president. people say the debt ceiling thing is an albatross. most countries don't have a debt limit. they deal with it in a different way. the debt ceiling debate which started this issue of congress not being able to make decisions on financial matters will come to a sometime between december 31st and february 1st. that is another set of things we have to deal with if they get the fiscal cliff dealt with. >> 35 days, we're counting them and going to see if we can get anything done. thank you. >>> what we're also working on this hour -- egyptian president mohamed morsi's power grab is challenged. but will it be enough to preserve democracy? >>> and medical marijuana a 7-year-old patient in oregon is taking the drug. is it right treatment for kids with cancer? dr. sanjay gupta reports. >>> plus -- scott kelly i didn't cal twin brother of nasa astronaut mark kelley, the husband of former congresswoman gabrielle giffords, takes on a historic mission. he heads to space for a year. we'll take a look at what it will be like living in space for 365 da
john boehner said as much to the president. people say the debt ceiling thing is an albatross. most countries don't have a debt limit. they deal with it in a different way. the debt ceiling debate which started this issue of congress not being able to make decisions on financial matters will come to a sometime between december 31st and february 1st. that is another set of things we have to deal with if they get the fiscal cliff dealt with. >> 35 days, we're counting them and going to see...
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[applause] ladies and gentlemen, the honorable john boehner. [applause] >> ladies and gentlemen, welcome to the united states capitol. i want to say how much i appreciate you all be near. on behalf of my colleagues in the united states congress, i will ask that you all join me in a moment of silence in tribute to ambassador stevens and the united states personnel who were killed in libya at this morning. thank you. since the days of the american revolution, congress has commissioned gold medals as the highest expression of appreciation for distinguished achievements. the first recipient was general george washington in march of 1776. today, we will present a congressional gold medal to arnold palmer of the commonwealth of pennsylvania. those of you who participate in these events regularly may notice the stage is set up a little differently than usual. we thought it would be more fitting to do so on this side of the rotunda and honor some of the presidents of that arnie knew so well. president gerald ford used to say "you know arnie's army." pr
[applause] ladies and gentlemen, the honorable john boehner. [applause] >> ladies and gentlemen, welcome to the united states capitol. i want to say how much i appreciate you all be near. on behalf of my colleagues in the united states congress, i will ask that you all join me in a moment of silence in tribute to ambassador stevens and the united states personnel who were killed in libya at this morning. thank you. since the days of the american revolution, congress has commissioned gold...
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he talked to speaker boehner over the weekend by telephone. and today you've had two business leaders, john engler, tom donahue, in to meet with senior white house officials. they're trying to keep this going. aides on capitol hill tell me no substantive progress in negotiations just yet. they're just now getting back to work after thanksgiving. >> how does that make you feel about the market? does it make you feel like they have more kum-bi-ya going on in washington, d.c.? does it make you more willing to invest? >> i'll tell you what. i saw spielberg's "lincoln" over the weekend and it was incredible because it reminded me how nothing has changed on capitol hill. >> i agree with you 150%. >> in 150 years. >> don't you get tired of everybody saying, oh, washington is a mess right now. it's never been this bad. it's always been this bad. you see that in the movie. >> well, we had a civil war in the -- >> some say it's never been worse. it's been worse. >> go ahead, bill. do you think they can pull this off? >> the one thing it reminds us is yo
he talked to speaker boehner over the weekend by telephone. and today you've had two business leaders, john engler, tom donahue, in to meet with senior white house officials. they're trying to keep this going. aides on capitol hill tell me no substantive progress in negotiations just yet. they're just now getting back to work after thanksgiving. >> how does that make you feel about the market? does it make you feel like they have more kum-bi-ya going on in washington, d.c.? does it make...
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. >> house republican speaker john boehner says the gop is looking for a deal that cuts spending and closes tax loopholes and some deductions rather than raising tax rates. back to you guys in new york. >> steve: all right. north lawn of the white house, thank you. >> gretchen: see how we all got the blue memo? we all look so nice together. she had on a blue scarf. >> brian: the question is, what is laura ingraham wearing. >> steve: i know one way to find out. >> gretchen: oh, yellow. hail to sweden. >> steve: how are you? >> hey, guys. nice to see you. >> steve: what did you make of this, the white house is saying unless the republicans roll over and do everything that the white house wants with this fiscal cliff at the conclusion of the year, you mean old republicans will ruin christmas economically for the country? >> yeah. it's the gop who stole christmas. who is going to be narrating this? who will play the dog with the fake antlers? it seems we've seen this special before. the sky is always falling when president obama wants to cram down legislation or initiatives without real
. >> house republican speaker john boehner says the gop is looking for a deal that cuts spending and closes tax loopholes and some deductions rather than raising tax rates. back to you guys in new york. >> steve: all right. north lawn of the white house, thank you. >> gretchen: see how we all got the blue memo? we all look so nice together. she had on a blue scarf. >> brian: the question is, what is laura ingraham wearing. >> steve: i know one way to find out....
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but we do know that house speaker john boehner has talked about putting health care reform on the table. there are democrats who want to make sure that middle class americans, those families making up to $250,000 a year, t eir taxes won't go u wealthier americans will pay more. and then both republicans and democrats are talking about putting entitlement programs on the table, mostly republicans pushing this. but some democrats, as well. take a listen what senator dick durbin had to say about that over the weekend. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation, and we can do things that i believe we should now, smaller things, play out over the long term that gives it solvency. medicare is another story. only 12 years of solvency lie ahead if we do nothing. so those who say don't touch it, don't change it, are ignoring the obvious. we want medicare to be there for today's seniors and tomorrow's as well. voucherizing it, privatizing it, we can make meaningful reform. >> the president obama has expressed a willingness in the past to p
but we do know that house speaker john boehner has talked about putting health care reform on the table. there are democrats who want to make sure that middle class americans, those families making up to $250,000 a year, t eir taxes won't go u wealthier americans will pay more. and then both republicans and democrats are talking about putting entitlement programs on the table, mostly republicans pushing this. but some democrats, as well. take a listen what senator dick durbin had to say about...
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boehner, they all spoke with the president, over the weekend by phone, about the fiscal cliff. here's what jay carney said. >> forecast to be done, work is continuing to take place, the president spoke with both senator reid and speaker boehner over the weekend as you noted. he'll continue to have outreach with -- as he promised he would with various stake holders, business leaders and others this week. as well as conversations that are ongoing between his staff and folks on the hill. that will continue. we hope to see progress. >> and meeting with the leaders? >> i don't have any scheduling updates, but you stole my thunder a little bit, but, yeah, he spoke with speaker boehner and senator reid over the weekend and, you know, he will meet with them at the appropriate time as well as obviously nancy pelosi and mitch mcconnell. so, you know, the process that he began is continuing. we continue to be optimistic that a balanced approach is achievable. >> again, jay carney there moments ago speaking at the white house daily briefing. and if this fiscal cliff is allowed to happen on
boehner, they all spoke with the president, over the weekend by phone, about the fiscal cliff. here's what jay carney said. >> forecast to be done, work is continuing to take place, the president spoke with both senator reid and speaker boehner over the weekend as you noted. he'll continue to have outreach with -- as he promised he would with various stake holders, business leaders and others this week. as well as conversations that are ongoing between his staff and folks on the hill....
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Nov 26, 2012
11/12
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MSNBCW
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well, john boehner went to the white house ten days ago and said, hey, republicans in the house are willing to 0 put revenues on the table. that was a big move, right? and we said we are going to do that in the name of trying to fix the problem to respond to the electorate that re-elected this president, but at the same time we say we weren't elected to raise taxes. we want to help people get back it to work. >> so is it safe to say there might be a scenario in which that pledge would not apply or would be put to the side for compromise? >> you know, mika, i haven't talked to grover norquist so i don't know what he wants to do with his pledge. what i know is the constituents that i represent and i believe most american people want to see, number one, more jobs created. and let me tell you a story that i think is relevant to this question. i was in montana during the campaign and i met a gentleman who had taken a job as a cook at an airport restaurant. and he told me, please fix this problem because i want to get back to my profession which was construction in the real estate industry. he sa
well, john boehner went to the white house ten days ago and said, hey, republicans in the house are willing to 0 put revenues on the table. that was a big move, right? and we said we are going to do that in the name of trying to fix the problem to respond to the electorate that re-elected this president, but at the same time we say we weren't elected to raise taxes. we want to help people get back it to work. >> so is it safe to say there might be a scenario in which that pledge would not...
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Nov 28, 2012
11/12
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CNBC
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and i wonder if all this campaigning is going to make it more difficult for the president and john boehner to bring their wings of the parties back in for any sort of a deal. because it seems like both sides are getting their back up at this point. >> well, i don't think it's making it more difficult, becky. i think what happens is at the beginning of a negotiation, everybody is sort of staking out their positions and their demands. you know, the demand by democrats, for example, that social security and medicare not be part of this discussion, that's not a sustainable demand. everybody knows that entitlement programs, the president has said so, have to be part of this. now, exactly what proportion and when they're part of it, those are things that you can talk about, but, no, they are part of this deal. so are tax increases, and, you know, republicans taking out the position that, well, we can't touch tax rates, we can touch tax loopholes, everybody's got to wait and see how the math adds up. this is an extremely complicated and difficult thing. >> i don't think -- i don't think it's well
and i wonder if all this campaigning is going to make it more difficult for the president and john boehner to bring their wings of the parties back in for any sort of a deal. because it seems like both sides are getting their back up at this point. >> well, i don't think it's making it more difficult, becky. i think what happens is at the beginning of a negotiation, everybody is sort of staking out their positions and their demands. you know, the demand by democrats, for example, that...
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Nov 26, 2012
11/12
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KNTV
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boehner. he may want to cut a deal but may not have the votes because these guys might be on a primary suicide mission, some of these house republicans, if they side with raising tax rates. if they raise taxes they will lose the primary and there's no general election, they don't have to where he about voters. >> are democrats signaling where they may be willing to compromise? >> reporter: president has been willing to talk about social security and medicare and put entitlements on the table. the problem the president has is many parts of his base, including some of those house democrats that he might need in some sort of forged compromise, they are not crazy about doing that. we won. the mandate is to raise taxes. there was no mandate from the voters to tinker with social security and tinker with medicare, but at some point the president's going to put that on the table, and the question will his base let him do it? >> let me switch gears a bit. i want to ask you about senator john mccain. he
boehner. he may want to cut a deal but may not have the votes because these guys might be on a primary suicide mission, some of these house republicans, if they side with raising tax rates. if they raise taxes they will lose the primary and there's no general election, they don't have to where he about voters. >> are democrats signaling where they may be willing to compromise? >> reporter: president has been willing to talk about social security and medicare and put entitlements on...